Ngululu Holdings

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Published: 09 December 2015

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It is focused on opportunities in the mining and minerals, transport and logistics, ICT and industrial sectors. Its footprint currently covers, amongst others, mining and exploration; ICT; agro-processing; transport and logistics as well construction of energy sector infrastructure. The projects are spread across the SADC Region. With over 700 employees the company renders strategic and operational value to its subsidiary and associate companies by being actively involved. The Group has a vast pool of interdisciplinary skills and expertise at its disposal. Ngululu Bulk Carriers , the group’s transport and logistics entity, handles some 6 million Mt per annum of mining commodities- of which over 1 million Mt are exports, which include ferro-chrome, ferro-nickel and platinum group metals (“PGM”) ore and concentrates as well as reductants. There are effective and efficient men and women who mobilize its 440-strong fleet of well-equipped rigs, with state-of- the- art fleet management technologies and solutions. Being RTMS- accredited, with some of its routes being PBS-licensed, NBC is serious about road safety and the reduction of carbon emissions. The Group has been investing about R200 million every second year in expansion and is poised to continue doing so in the next cycles. This includes the recent roll-out of 132 brand new rigs for the new Phalaborwa, Limpopo project and rotational replacement of old fleet. Ngululu Resources continues to move its exploration assets up the curve. Its inferred coal portfolio is over 500 million Mt. These are at various stages of validation. The company awaits approval of its first mining right (“MR”) application from the authorities. The company also has a substantial clay deposit with enough ore for brick manufacturing for the next 100-years. This is according to early indications from the drilling exercise recently completed during August 2014.

Ngululu Holdings Limited ("Ngululu") is a broad based black-owned investment holding company. It is focused on opportunities in the mining and minerals, transport and logistics, ICT and industrial sectors.